Smart Ways To Help Clients See What Comprehensive Planning Entails
By Morey Stettner, Investor’s Business Daily October 1, 2021 – Lauren Sigman was featured in an Investor’s Business Daily’s story on “Smart Ways To Help Clients See What Comprehensive Planning Entails.” Lauren shared her approach: “Instead of trying to educate newcomers about all the services she provides, Sigman invites them to ask questions about their immediate concerns. […]
Tax Moves Advisors Should Be Making Before Year’s End
By Jeff Stimpson, Financial Advisor Magazine September 27, 2021 – Mallon FitzPatrick shares his top tax moves high-income earners should be making before year’s end a recent Financial Advisor Magazine piece. Mallon “advises an outright gift to heirs or finding an irrevocable trust” as ways to reduce income for tax purposes. Read more here: https://bit.ly/3otMBD
How the Wealthy are Preparing for Higher Taxes
By Annie Nova, CNBC September 25, 2021 – Mallon FitzPatrick, Principal and Managing Director was featured in a piece for CNBC by Annie Nova discussing “how the wealthy are preparing for higher taxes.” Mallon shared several insights including gifting an income-producing asset like real estate to a family member who falls in a lower bracket or […]
Mallon FitzPatrick on TD Ameritrade
September 23, 2021 – Mallon FitzPatrick, CFP® rejoined TD Ameritrade Network ‘Market Overtime’ with Nicole Petallides to discuss who the most recent taxproposal is going to impact the most and which strategies should be considered before the enactment date or prior to 2022: https://bit.ly/3CJTC6Y
American Families Plan Tax Proposals Published September 13, 2021 – Actions to Consider
By Mallon FitzPatrick September 20, 2021 – On September 13, 2021, the House Ways and Means Committee released a draft legislation that proposes tax increases and tax cuts. It is important to keep in mind that this draft legislation is subject to change as the bill passes through committee markup and as it goes to […]
17 Defensive Steps For Avoiding Possible Biden Tax Increases
Investor’s Business Daily September 15, 2021 – Mallon FitzPatrick, CFP® was featured in an Investor’s Business Daily piece by Paul Katzeff “17 Defensive Steps For Avoiding Possible Biden Tax Increases”. Mallon shared “Maximize charitable giving next year. The deduction saves you more money in a higher-rate year.” Read the full piece here: https://lnkd.in/edq_mdqT
An Expensive Surprise for Rich Heirs Lurks Inside the Democrats’ Tax Plan
Bloomberg September 14, 2021 – Mallon FitzPatrick was featured in Bloomberg’s article “An Expensive Surprise for Rich Heirs Lurks Inside the Democrats’ Tax Plan”, which discusses the proposal that aims to upend how the wealthiest 0.1% of Americans pass on their fortunes tax-free. Read his insights here: https://www.bloomberg.com/news/articles/2021-09-14/democrats-target-grantor-trusts-the-rich-use-to-pass-on-fortune-tax-free?sref=dcitGkK3
Bombshell tax draft throws curveball at retirement plans, inheritances, levies on the rich
Financial Planning September 13, 2021 – Mallon FitzPatrick talks to Lynnley Browning from Financial Planning discusses the latest tax proposals, throwing a curveball for retirement plans, inheritances and levies on the rich. Read Mallon’s insights here: https://www.financial-planning.com/news/bombshell-tax-draft-throws-curve-ball-at-retirement-accounts-levies-on-the-rich-and-inheritances
Mid-Year Check Up: Does Your Portfolio Pass the Wellness Test?
August 25, 2021 by Mallon FitzPatrick With the mid-year mark in our rearview mirror, there are reasons to be optimistic about our pandemic economic recovery, which has shifted into an expansion phase and could gain steam in the coming months. But that doesn’t mean you can become lax when it comes to financial health. We […]
Mallon FitzPatrick on TD Ameritrade
August 24, 2021 Mallon FitzPatrick joined ‘Market Overtime with Nicole Petallides to discuss to discuss the importance of emergency funds to guard against unforeseen challenges and creating a budget for liquidity. Watch Mallon’s full interview on @TD Ameritrade Network here.
The Best Laid Plans…Are Usually Estate Plans
By Mallon FitzPatrick June 16, 2021 There are many things that catch us off guard. Estate planning should not be one of them. Some may think of estate planning as an open-and-shut financial assessment, where designated boxes are checked during a professional planning meeting and files are neatly stored away until it is time to transfer […]
Having ‘The Talk’ with an Aging Parent Doesn’t Have to be Grim
By Mallon FitzPatrick May 17, 2021 Recently, we discussed the psychological hurdles associated with “letting go,” or making the decision to begin transitioning wealth to the next generation as the final years of life draw near. The transition, as we pointed out, is necessary for anyone who wants to mitigate a potentially large tax liability […]